yleishyödyllinen

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Finnish[edit]

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Etymology[edit]

yleis- (generally) +‎ hyödyllinen (useful, utile)

Adjective[edit]

yleishyödyllinen

  1. (law, taxation) common-good; often translated into English as nonprofit (working for the general interest of the population as a whole)

Declension[edit]

Usage notes[edit]

The Finnish income tax law defines a common-good organization as one which:

  • works exclusively and directly for the common good in material, spiritual, ethical or social sense
  • is not benefiting only a limited circle of people
  • does not produce financial benefits to those involved as dividend, profit sharing, higher than ordinary salary or other remuneration.

Hypernyms[edit]

Related terms[edit]